Flow Token Plummets 14% Following Network Exploit and Exchange Halts

2025-12-29 19:01

Flow (FLOW) token experienced a sharp decline of nearly 14% within 24 hours on December 27, triggered by a $3.9 million network exploit. This incident disrupted network operations and heightened market anxiety, as reflected in the fear and greed index. Despite a broader market rally, the token's value suffered significantly. In response to the exploit, the Flow Foundation initiated recovery efforts, with validators approving a crucial software upgrade to address the issue. Additionally, major Korean exchanges Upbit and Bithumb suspended FLOW deposits and withdrawals after receiving a trading alert from DAXA, further impacting the token's market activity.

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